No Licensing, Not a Problem
With our Business Purpose loans you don’t need to be licensed in certain states where we are licensed. We can fund with our LoanStream License.
States may have other or additional requirements, check with your Account Executive.
What's a Business Purpose Loan?
With our Business Purpose loans you don’t need to be licensed in certain states where we are licensed. We can fund with our LoanStream License.
States may have other or additional requirements, check with your Account Executive.
DSCR Loans
Cash-Flow Debt Service Coverage
DSCR for Investors Program Highlights
- DSCR for Investors Program Highlights
- DSCR = Gross Income divided by PITIA
- Max loan amount $3,500,000
- 1-4 family properties and condominiums permitted
- 85% LTV for Purchase
- 80% LTV Rate & Term Refi
- 75% LTV for Cash-Out Refi
- Down to 620 FICO
- Non-Warrantable Condos OK
- Investment Properties only
- Gift Funds allowed
- No limit on Financed Properties
Licensing Requirements for Business Purpose
(Hover over the state for specific information)
Often business owners, especially small ones, find it difficult to get approved by larger institutions such as banks, therefore its to their advantage to work directly with you. Here’s the advantage to partnering with us as your lender to serve these customers:
No License Needed
Mortgage Broker License Required
Real Estate Broker License Needed
We do not lend, financing not available
Partner with the ONE lender who provides clients with the trust, knowledge, and expertise to help them expand their pipelines. Get Approved today!